I have someone recently bought a FH Land-Title Landed property of land size 1705sqft. It is a 2-Sty terrace house with an attic & a basement. The total built-up area of this so called 4-Sty terrace is 3559sqft in D13. The price tag is S$2,238.000 which translated into S$1313psf but the agent told him it is S$629psf. My understanding is land title landed property is based on land area which is S$1313psf unless it is strata-title cluster house then it will be S$629psf. Anyway, quite a few had transacted at S$1313psf which mean it is boasting D13 area. Secondly, someone bought a terrace house at D19. Same, 2-Sty with attic & basement. Land area 1614sqft & built-up area 3238sqft, transacted at S2,200,000. It translate into S$1363psf instead of agent told her it is S$679psf. What is your take regarding the above issue, D13 senette estate at city fringe & vibriant D19 at serangoon garden?
Posted by Albert Lim on Mar 12, 2008 in General Questions | 62442 Views
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We had seen a lot of unhappiness occur at the neptune court or Laguna park. It is not true 4 minority owner 2 say that it's ok that they stay put even en-bloc. A lot of ladman/ladwoman doesn't understand the term "Land-Title" & the term "Strata-Title". So long as yr property fall under "Strata-Title", 4 development less than 10yrs, 90% consent fr owners, d property will go en-bloc whether u like it or not, 80% approval fr owners 4 development more than 10yrs, u still hv 2 accept it as u hv no choice. Unlike "Land-Title" 2 go en-bloc, u require full 100% consent, even if en-bloc occur, 18 out of 20 terrace hse, u can c 2 hse stand out uniquely among d surrounding b'cos this is d power of "Land-Title" which we can truely call home.